Viettonkin Expands its Presence to Europe

With the conclusion of the ambitious and comprehensive EU-Vietnam Free Trade Agreement (EVFTA) in 2015, the European Union has established itself as a strategic partner of Vietnam. Even before the agreement was concluded, the Union had always been a large trading partner with Vietnam (second largest behind China) and a robust investor in the country (being Vietnam’s biggest non-Asian investor).

However, when the FTA comes into effect in the upcoming early 2018, the position of the economic and trading relationship between the two will be remarkably enhanced, as Vietnam becomes the second Southeast Asian country behind Singapore and the third Asian nation behind South Korea and Singapore (both developed nations) to conclude a FTA with the EU. The agreement is expected to promote high-quality investments between the EU and Vietnam, as well as significantly reduce market frictions and barriers to trade. Vietnam is getting ready to welcome a new wave of businesses and investors from European nations such as the Netherlands, Germany, France, Italy, Switzerland, and the Nordic countries coming to the country in search of business opportunities and taking advantage of a young and abundant labor force, as well as a populous emerging market.

As a consulting and professional services firm focused on facilitating investments into Vietnam and other ASEAN countries, Viettonkin Consulting is putting itself in the best position to meet and provide support for this new wave of European investors by expanding its presence in Europe. Thus, we are happy to announce that Viettonkin is now present in the Netherlands, with an aim to promptly provide guidance and assistance for any European businesses and investors considering an entrance into the Vietnamese and ASEAN market.

Therefore, if you are a Dutch energy business looking to invest in Vietnam, a German manufacturer preparing to do business in Vietnam, or a Nordic “born global” tech startup exploring new markets on a daily basis, please do not hesitate to connect with us via email address info@viettonkin.com.vn or our European Business Development Manager, Mr. Hieu Nguyen via email address hieunguyen@viettonkin.vn or phone number +31 6 5701 8989. You are also more than welcome to join our LinkedIn Group, "Business and Investment Opportunities in Vietnam" at https://www.linkedin.com/groups/13547147.

We shall provide you with valuable information regarding the investment and legislative environment in Vietnam as well as other Southeast Asian countries, so that you can better tailor your internationalization strategy and find remarkable success in these emerging economies.